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Showing posts with label Private Debt. Show all posts
Showing posts with label Private Debt. Show all posts

May 7, 2014

Private Debt As A Percentage of GDP (2013)

Data is already from a year ago, yet it is still very interesting. It shows very clearly that private debt to gdp is higher in developed countries versus developing countries. This might very well have something to do with property rights. Ireland is clearly on top with almost 300 percent of private debt to GDP. While the Nordic countries are known for their low government debt levels, Denmark and Sweden are second and third in this ranking. Notice Germany which is on the bottom half. Also Italy and Greece are far from the top.


Shahin Kamalodin (Economist at DNB)

Jul 5, 2012

Non-financial U.S. Total Debt

This graph, with data from the United States Federal Reserve, shows the total Credit Market Debt Owed. In other words, this is the total debt outstanding in the United States. That includes both public and private debt, with private debt consisting of households, financial companies and non-financial companies.

You can see that since the 1970s the growth of total debt (red line) started to exceed the growth in the national income. Now total market debt is about four times as high as the national income (GDP).


Business Insider

Jan 29, 2012

Total Debt (Private & Public) 2000-2011

Mckinsey published its follow up on one of my favorite papers. The series is called Debt and Deleveraging. Debt as in countries taking on more debt and deleveraging as in bringing down the debt levels. This graph shows the total debt for some selected countries, which consists of public (government) and private (household, non-financial firms and financial firms) debt. 

As you can see Total Debt is extremely high in Japan and in the U.K. Spain and France have high debt levels as well. South Korea seems to have about average total debt. It would be interesting and a better comparison to see more countries. Also debt is not the only thing that matters. If you look at balance sheets for the public and private actors, as individual companies, it is ofcourse also important to look at the assets.

Mckinsey Photostream on Flickr